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AEPS (Aadhar Enabled Payment System)

Aeps

AEPS means Aadhaar Enabled Payment System, a replacement payment service offered by the National Payments Corporation of India to banks and financial institutions using ‘Aadhaar’. Aadhaar may be a unique number issued by the Unique Identification Authority of India (UIDAI). In banking AEPS means empowerment where the provider allows a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled checkivng account (AEPS service provider bank) and perform basic intrabank or interbank transactions.

AEPS means Aadhaar Enabled Payment System, a replacement payment service offered by the National Payments Corporation of India to banks and financial institutions using ‘Aadhaar’. Aadhaar may be a unique number issued by the Unique Identification Authority of India (UIDAI). In banking AEPS means empowerment where the provider allows a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled checkivng account (AEPS service provider bank) and perform basic intrabank or interbank transactions.

Benefits:

  • You can provide mini banking service at your shop
  • You can attract customers by single solution facility at one place
  • Easy to use
  • You can earn commission on each and every AEPS Transactions
  • Instant Activation
  • Offer complete banking solution to your customers

Services:

  • Balance Enquiry
  • Cash Withdrawal
  • Mini statement

Requirements for AEPS transactions:

  1. Bank Name
  2. Aadhaar Number
  3. Fingerprint captured during enrollment.

How can you provide AEPS service ?

It is a very easy and simple way to Provide Aeps service
  • First you need to connect with Digital Gramin Seva
  • To join you have to click on the registration button above.
  • After registration is complete, you will get Retailer ID password
  • You can provide AEPS service to your customers by logging in as soon as you get the ID password

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